Current:Home > Scams$30 million stolen from security company in one of Los Angeles' biggest heists -ValueCore
$30 million stolen from security company in one of Los Angeles' biggest heists
View
Date:2025-04-15 18:36:51
Thieves stole as much as $30 million from a money storage facility in Los Angeles on Easter Sunday in one of the biggest cash heists in the city's history, the Los Angeles Times reported.
Wednesday that The theft happened at a facility in the Sylmar area of the San Fernando Valley, where cash from businesses across the region is handled and stored, Los Angeles police Cmdr. Elaine Morales told the Times.
While Morales did not name the facility, KABC-TV reported that the theft took place at a GardaWorld, a global cash management and security company. GardaWorld did not immediately respond to USA TODAY's request for a comment Thursday.
Burglars entered without activating the alarm
The burglars were able to break into the building, as well as the safe where the money was stored, without activating the alarms, Morales told the newspaper. Officials familiar with the case told KABC-TV that the burglars might have entered the building through the roof and somehow made their way to the money storage area, "which may have been a vault."
Police told the Times that there was no indication of a heist from outside, and that the missing cash was not discovered until the vault was opened on Monday by the business operators.
KABC-TV reported that an "apparent hole" was seen on the side of the building "that was boarded up," with a pile of debris next to it. However, it is not clear if the damage was related to Sunday's heist.
Skimming fraud on the rise:New bust included pinhole cameras, authorities say
FBI and LAPD jointly investigating heist
Los Angeles police told USA TODAY that the theft was being jointly investigated with the Federal Bureau of Investigation and that all inquiries would be handled directly by the federal agency. The FBI, meanwhile, did not immediately respond to USA TODAY's request for an update on the investigation.
Law enforcement officials told the Times that the incident was perplexing, given that only a handful of people would have known about the money in the safe. The break-in was described as being elaborate, suggesting that those who were able to gain access to the facility were experienced and well-versed with the system.
Sunday's break-in is among the largest cash burglaries in Los Angeles, according to the Times. The extent of the damage will not be known until the investigation is complete.
Sylmar is approximately 23 miles north of downtown Los Angeles.
Saman Shafiq is a trending news reporter for USA TODAY. Reach her at [email protected] and follow her on X, the platform formerly known as Twitter @saman_shafiq7.
veryGood! (52)
Related
- Former Syrian official arrested in California who oversaw prison charged with torture
- Khloe Kardashian Labels Kanye West a Car Crash in Slow Motion After His Antisemitic Comments
- As EPA’s Region 3 Administrator, Adam Ortiz Wants the Mid-Atlantic States to Become Climate-Conscious and Resilient
- Shakira Makes a Literal Fashion Statement With NO Trench Coat
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- As EPA’s Region 3 Administrator, Adam Ortiz Wants the Mid-Atlantic States to Become Climate-Conscious and Resilient
- Kate Middleton's Brother James Middleton Expecting First Baby With Alizee Thevenet
- The 43 Best 4th of July 2023 Sales You Can Still Shop: J.Crew, Good American, Kate Spade, and More
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- The New York Times' Sulzberger warns reporters of 'blind spots and echo chambers'
Ranking
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- A Vast Refinery Site in Philadelphia Is Being Redeveloped and Called ‘The Bellwether District.’ But for Black Residents Nearby, Justice Awaits
- Billy Porter and Husband Adam Smith Break Up After 6 Years
- In Portsmouth, a Superfund Site Pollutes a Creek, Threatens a Neighborhood and Defies a Quick Fix
- Travis Hunter, the 2
- After Unprecedented Heatwaves, Monsoon Rains and the Worst Floods in Over a Century Devastate South Asia
- Out in the Fields, Contemplating Humanity and a Parched Almond Farm
- When it Comes to Reducing New York City Emissions, CUNY Flunks the Test
Recommendation
Military service academies see drop in reported sexual assaults after alarming surge
The man who busted the inflation-employment myth
Occidental Seeks Texas Property Tax Abatements to Help Finance its Long-Shot Plan for Removing Carbon Dioxide From the Atmosphere
Netflix has officially begun its plan to make users pay extra for password sharing
A South Texas lawmaker’s 15
You’ll Roar Over Katy Perry and Orlando Bloom’s PDA Moments at Wimbledon Match
When it Comes to Reducing New York City Emissions, CUNY Flunks the Test
Texas Activists Sit-In at DOT in Washington Over Offshore Oil Export Plans